GUADALAJARA, Mexico, Aug. 16 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") today announced the inauguration of Terminal 2 at the Guadalajara International Airport. Terminal 2 serves arrivals and departures for Alma Airlines and Aeromexico as well as for private flights.
The expansion and remodeling of Terminal 2 required an investment of Ps. 45 million and is part of the Company's master development program. The Company expects that Terminal 2 will be able to serve approximately 800,000 terminal passengers per annum. The improvements included:
1 - Expanded Check-In Areas with the latest in CUTE (Common Use Terminal Equipment) technology, which increases the efficiency of the counter spaces. In addition, two baggage claim belts were added.
2 - Final waiting areas nearly tripled in size, including the addition of seating, restrooms, snack bars and convenience stores.
3 - Four New Gates were added to the two existing gates at this terminal.
4 - The addition of two revision points and a Customs location to better serve customers and improve the safety and efficiency of the airport.
Mr. Jorge Sales, Chief Executive Officer, attended the ceremony, accompanied by several prominent figures, including Mr. Luis Tellez Kuenzler from the Mexican Ministry of Communications and Transportation; Mr. Emilio Gonzalez Marquez, the Governor of the State of Jalisco; and Mr. Eduardo Sanchez Navarro, Chairman of GAP's Board of Directors.
Company Description:
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) operates twelve airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Bajio, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP".
This press release may contain forward-looking statements. These statements are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates," "believes," "estimates," "expects," "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial conditions, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the "Ley del Mercado de Valores", GAP has implemented a "whistleblower" program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 800-759-0045. GAP's Audit Committee will be notified of all complaints for immediate investigation.
